Baccarat Online Discussion Forums

Mike · #1 02-21-2009, 05:54 PM

A new feature has been added to the forum: Risk of Ruin Calculator!

Code:

http://baccaratforums.com/calculator-risk-of-ruin/

You can currently find it at the navigation bar on top, to the immediate right of Community. Just click Calculators, the menu will drop down, and select Risk of Ruin.

Yes, the reason why it's a drop-down menu is because we'll be adding many more great tools!

I'm keeping this post as a Sticky in the Baccarat Discussion forum for now. I would like to get some feedback on the tool. Make sure to reply to this post to give your opinion.

Does it work properly?
Any errors?
Any way we can improve it?

Let me know... enjoy!

Squirtle · #2 03-13-2009, 07:28 AM

Hi there, I'm new to this forum... for your risk of ruin cal... I don't get what amount are you suppose to put in for "standard deviation" I understand the win rate let say it's $50 an hour and my bank roll is $500 .. but for standard deviation what #'s m i supppose to put in?? is it the amount that I lost or ? thanks

baccatit · #3 03-25-2009, 06:52 PM

Squirtle,

There's a thread here How Do Baccarat Professionals Live Off Their Baccarat Winnings? . Does it answer your questions?

Quote:

Originally Posted by Squirtle

Hi there, I'm new to this forum... for your risk of ruin cal... I don't get what amount are you suppose to put in for "standard deviation" I understand the win rate let say it's $50 an hour and my bank roll is $500 .. but for standard deviation what #'s m i supppose to put in?? is it the amount that I lost or ? thanks

Savant · #4 04-24-2009, 11:33 AM

Quote:

Originally Posted by Squirtle

I don't get what amount are you suppose to put in for "standard deviation"

Here are the win rates and standard deviations for the main bets in baccarat:

Code:

 
  BET       WIN RATE       SD
Banker       -1.06%       0.93
Player       -1.24%       0.95
Tie          -14.36%      2.64

Be aware than any game with a negative win rate will have a 100% risk of ruin no matter how you vary your bets.

mikewyne · #5 07-15-2010, 10:24 PM

It seems the risk calculator doesn't accept negative win rate.I can't key in the -1.24 win rate for.. playing player.thanks

mikewyne · #6 07-16-2010, 01:10 AM

Quote:

Originally Posted by Savant

Here are the win rates and standard deviations for the main bets in baccarat:

Code:

 
  BET       WIN RATE       SD
Banker       -1.06%       0.93
Player       -1.24%       0.95
Tie          -14.36%      2.64

Be aware than any game with a negative win rate will have a 100% risk of ruin no matter how you vary your bets.

Hi Mike,

Sorry, I think I did'nt notice what Savant said that any negative win rate will have 100% risk of ruin.

Therapy101 · #7 07-20-2010, 06:20 PM

Quote:

Originally Posted by Mike

A new feature has been added to the forum: Risk of Ruin Calculator!

Code:

Baccarat Risk of Ruin Calculator Page | BaccaratForums.com

You can currently find it at the navigation bar on top, to the immediate right of Community. Just click Calculators, the menu will drop down, and select Risk of Ruin.

Yes, the reason why it's a drop-down menu is because we'll be adding many more great tools!

I'm keeping this post as a Sticky in the Baccarat Discussion forum for now. I would like to get some feedback on the tool. Make sure to reply to this post to give your opinion.

Does it work properly?
Any errors?
Any way we can improve it?

Let me know... enjoy!

Could you elaborate on use, giving some examples? Thank you Therapy101